The mutton and goat meat production in the US has exhibited moderate fluctuations over the past decade, standing at 79.0 thousand metric tons in 2023. Notably, there has been minimal year-on-year variation in recent years, with a constant level maintained in 2023, and an overall average annual decrease (CAGR) of -0.5% over the last five years. The historical data outlines key fluctuations such as a 5.19% rise in 2018 and a sharp 5% decline in 2020.
Future projections depict a slightly downward trend, with a forecasted production of 78.4 thousand metric tons by 2028. The five-year CAGR from 2024 indicates a slight decline at -0.15%, suggesting a slow but steady reduction in production with an overall growth rate decrease of -0.76% through 2028.
Trends to watch for include:
- Emerging consumer preferences for alternative protein sources.
- Market adaptability and innovations in meat production processes.
- Impact of regulatory changes and trade policies on production and consumption.
- Environmental sustainability practices affecting livestock farming.
